Topics regarding layoffs at State Farm Insurance

Topics regarding layoffs at State Farm Insurance

ERISA Claims

Anyone hear rumor about employees contacting DOL inquiring about violations under ERISA. Apparently upset employees over 50 yrs old are being laid off before retirement age and not getting medical benefits because SF taking it away. Denial if... — read more 

State Farm Bank is closing

State Farm Bank is closing. All their loans will be outsourced to Quicken Loans. Definitely no surprised by this information.

300 People

WARN NOTICE State Farm Mutual Automobile Insurance Co. Jacksonville Operations Center PERIOD 6/26/2019 x 8/31/2019 AFFECTED HEADCOUNT: 300 Industry: Finance and Insurance Jacksonville Operations Center thru 8001 Baymeadows Way 11/30/2019... — read more 

Ohio offices

Has anyone heard when the Newark and New Albany offices in Ohio are closings?

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| 2661 views | | 4 replies (last August 14, 2019)
Post ID: @OP+ZZgpqEN

Tipsord's ruining of State Farm

A scared leader stockpiles assets and squeezes expenses. Anyone can do these two basic things. A true leader has a vision and motivates the organization to get there. It's unfortunate that State Farm, a once fascinating anonmoly in the business... — read more 

Knowledge is power!

LTD via CIGNA offered through State Farm S---S! Just Google CIGNA LTD complaints. Knowledge is power!

A little advice...

Whether or not SF leadership can't see beyond, it is important for all those who make it happen and keep the promises to remember to practice "excess happiness" as Patch would say. Don't let that business control your happiness and take your health... — read more 

More ET layoffs?

Is State Farm planning another round of layoffs in Enterprise Technology in 2020? Does anyone have any information?

The throne of lies...Marketing Leadership

The throne of lies..."no transition plans" in March...but in June there is one that leadership has been working on for months! All the VP's, AVP's, Directors (-1 due to location) jobs are safe. Cutting one of the higher paid jobs would allow some... — read more 

As a retiree

As a retiree, I am really disappointed with how the company is treating the employees who believe in and keep the promises.

Jacksonville closing

https://www.jaxdailyrecord.com/article/state-farm-to-layoff-300-close-baymeadows-center-by-nov-30

Love the T Shirt!

https://www.newsmax.com/Finance/StreetTalk/State-Farm-job-cuts-insurance-auto/2017/05/04/id/788210/

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| 1080 views | | no replies yet
Post ID: @OP+ZM8v8Ws

Does State Farm ever try to keep its best employees?

I'm wondering, since other companies sure do. And State Farm sure seems more than happy to get rid of them - at least judging by who is being laid off every time. So has it ever happen? Has anybody who submitted their resignation been offered... — read more 

We share your pain State Farm

Allhater here. 20 years and believe me posts I read we have it equally bad at “good hands.” Staff miserable CEO who is near top for bonuses no health coverage frozen pay layoffs. And we are told no plans to create hubs which is clearly a lie and... — read more 

Accountability

I am disturbed by what i hear about former svp now retired that warned her claim rep sister about upcoming transitions so she could maximize her options. I wasnt given a heads up and retired before any transition announced. Remedies?

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| 3410 views | | 11 replies (last July 17, 2019)
Post ID: @OP+ZGTr797

Internal Employment Study

So, I hear an internal study about State Farm's employment package came back really bad. It found employees are grossly underpaid, and benefits are much worse than comparable employment with other companies. Bet the peons never hear anything about... — read more 

The kids are catching on!

Just this past week a 19 year employee in Nebraska who they loved gave his two week notice. A section manager and a claim manager (who was at an airport) conference called him/her and offered a RB3 position. He/her declined respectfully. They were... — read more 

Take this job....

https://www.bing.com/videos/search?q=take+this+job+and+shove+it&view=detail&mid=357D6D3D9BD598623769357D6D3D9BD598623769&FORM=VIRE

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| 834 views | | no replies yet
Post ID: @OP+ZEWtcmx

Marketing Executives are untouchable

Very interesting that the current to future staffing changes at the Executive and MG6 level remain untouched. So those making the decisions felt that their value to the company is so big that they must all remain in their high salaried jobs, while... — read more 

Ex employee

I heard an ex employee is going to town talking about destruction of documents? Has anybody heard anything?

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| 1635 views | | 1 reply (June 24, 2019)
Post ID: @OP+ZDMQANW

WOW! It's not going to get better!

https://www2.deloitte.com/content/dam/Deloitte/us/Documents/financial-services/us-fsi-dcfs-2019-insurance-industry-outlook.pdf

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| 1200 views | | no replies yet
Post ID: @OP+ZDOf97a

A Little SF Story....

Johnny Jim and Tom were all employed by SF and were in the mentoring program. Johnny mentored Jim and Jim mentored Tom. Jim was a good mentee to Tom and believed everything he said with the exception of "Don't drink their Kool Aid and they really... — read more 

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| 1700 views | | 1 reply (June 27, 2019)
Post ID: @OP+ZDRowpR

Define: Tipsord

A human trait of ignorance. The inability to recognize the boundaries of one's knowledge combined with the inability to effectively collaborate with those who hold knowledge outside of one's boundaries. A dangerous trait when in conjunction with an... — read more 

Marketing layoffs next?

Sudden all hands meeting tomorrow. HR is included. Rumors running wild about layoffs. Anyone have facts?

America's Greatest CEO

Magnanimous Intelligent Caring Humble Alpha Effervescent Loquacious Likeable Energetic Omniscient Nonpareil Triumphant Incisive Potent Superlative Outstanding Regal Decisive

Your benefits!

If the benefits are so good, why is the turnover so high?

Management Consultant at State Farm

Can someone with expeirience chime in here - how is the career path of the Management Cosultant at State Farm - I hear there are same openings and wanted to see what people think. Thank you.

Our mission, our vision, and our shared values!

Everyone, please look up, read and reread state Farm mission statement, vision statement and shared values. If you have experienced being a member of "the State Farm Family," you will find all three are outright lies. How can a company layoff people... — read more 

2012 benefit changes

So Here is my question and opinion. In 2012 the benefit package was changed. Things that were lost at retirement. Paid off life policy at retirement. Spouse does not receive 200.00 a month for Medicare supplement. Spouse is charged full price for... — read more 

Remember this!

I am sure you have heard "We pay what we owe, no more and no less." Well, remember this as you read through these posts that have a common theme. State Farm does not give you a darn thing. Give in not in their vocabulary. Everything you get, you... — read more 

Irvine and Bakersfield

Guess Irvine and Bakersfield employees get to join the tent folks on the sidewalks.

Life expectancy......

A VPA once asked me:. "Do you know what the life expectancy of an adjuster is after retirement?". I said: "I have no idea!". He said: "Three years!". I don't know about any of you but there is no job worth living just three years after retirement! NO... — read more 

Checkbook!

Get that big checkbook out and pay for those tornadoes. How's that for your metrics management.

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